LenderLogix Homebuyer Intelligence Report Shows Improving Affordability Conditions
Borrowers generated 37,831 pre-approval letters through LenderLogix’s QuickQual pre-approval platform in the fourth quarter, a decrease of 23.4% compared with the third quarter.
The average...
Housing Starts Surged in December as Builder Confidence Improved
Housing starts surged in December, increasing 15.8% compared with November to reach a seasonally adjusted annual rate of 1.499 million, according to the U.S....
Fannie Mae: Annual Home Price Growth Accelerated in Q4
After decelerating for two previous quarters, home price growth re-accelerated on an annual basis in the fourth quarter, according to Fannie Mae.
U.S. home prices...
Ben Fertig: Mortgage Brokers Have Opportunities in the Residential Real Estate Investor Market
PERSON OF THE WEEK: Today’s mortgage brokers face a plethora of challenges that hinder growth, from volatile interest rates and persistent inventory shortages to...
Zillow Hires Zuhairah Washington as SVP of Market Operations
Zuhairah Washington has joined Zillow Group as senior vice president of market operations and Flex general manager.
Washington is an award-winning business executive with a...
Redfin Reports Small Surge in Home Shoppers to Start the New Year
The New Year kicked-off with some good news for U.S. home sales: There was a 2% increase in the number of people shopping for...
More Than One-Third of U.S. Homeowners Say They Will Never Sell Their Home
Because the cost of housing has soared, more than one-third (34%) of U.S. homeowners say they’ll never sell their home, and another 27% say...
NAR Taps Housing Industry Veteran Sherry Chris as a Consultant to CEO Nykia Wright
Housing industry veteran Sherry Chris has been hired as an independent consultant and special advisor to Nykia Wright, CEO for the National Association of...
December Jobs Report Surprises
About 256,000 jobs were added to the U.S. economy in December - far better than expected - while the unemployment rate was flat compared...
First American: 2025 Will be Only Slightly Better Than 2024
It looks like 2025 could be almost as bleak as 2024 for the housing market, according to a report from First American.
The firm predicts...
Consumer Confidence in the Housing Market Dropped in December
Consumer confidence in the housing market waned in December, causing Fannie Mae’s Home Purchase Sentiment Index (HPSI) to drop 1.9 points compared with November...
CoreLogic: Home Price Growth Has Slowed During the Past Year
U.S. home prices increased 0.6% in November compared with October and were up 3.4% compared with November 2023, according to CoreLogic’s home price index....
FHFA: U.S. Home Prices Continued to Rise in October, But More Slowly
U.S. home prices increased 0.4% in October compared with September and were up 4.5% compared with October 2023, according to the Federal Housing Finance...
Case-Shiller: Home Price Appreciation Slowed in October
U.S. home prices increased 0.3% on an adjusted basis in October compared with September and were up 3.6% compared with October 2023, according to...
NAR: Pending Home Sales Rose 2.2 Percent in November
Pending home sales increased 2.2% in November compared with October and were up 6.9% compared with November 2023, according to the National Association of...
Zonda: The Election, Builder Incentives Helped Boost New Home Sales in November
New home sales spiked following the November election, according to a report from housing market advisory firm Zonda.
In the report, 10% of builders said...
First American: Home Price Appreciation Flattened in November
U.S. home prices decreased 0.1% in November compared with October, signaling that home price growth may have fully flattened since the first time since...
ATTOM: Homeownership Was Less Affordable in the Fourth Quarter
Home affordability worsened in the fourth quarter, as home prices were higher on average compared with the third quarter, according to ATTOM’s latest U.S....
ATTOM: Home Flipping Was Less Profitable in the Third Quarter
About one in every 14 home sales, or 7.2% of home sales nationwide, were “flips” during the third quarter, according to ATTOM.
That’s down from...
New Home Sales Jumped 5.9 Percent in November as Rates Decreased
New home sales jumped 5.9% in November compared with December to reach an annual rate of 664,000, according to the U.S. Census Bureau and...